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Ares Management Q3 Realized Income, Revenue Rise
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Ares Management Q3 Realized Income, Revenue Rise
Nov 4, 2024 11:55 AM

06:46 AM EDT, 11/01/2024 (MT Newswires) -- Ares Management ( ARES ) reported Q3 realized income Friday of $0.95 per share, up from $0.83 a year earlier.

Analysts polled by Capital IQ expected $0.94.

Total revenue for the quarter ended Sept. 30 was $1.13 billion, up from $671.3 million a year earlier.

Three analysts surveyed by Capital IQ expected $812.9 million.

The company maintained a quarterly dividend of $0.93 per share of its Class A and non-voting common stock, payable Dec. 31 to shareholders of record as of Dec. 17.

Price: 167.19, Change: -0.49, Percent Change: -0.29

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